It's All About The Pips...

[options]

sell offer i have 10625 ... what do you reckon .. make a short move now? it seems stalled at the mo no up or down.

your looking at us light crude.

Dan is on brent.

Not much between the 2 IMO

 

[danarm]

Look how flat the 252 CCI is on CRUDE. If this breaks 103.00 then yes maybe a short.

Seems dead out there!!!

 

[danarm]

GOLD tried to make a move and then died away...

Something smells wrong here. Dont like the feel of it.

Going to wait.,

 

[danarm]

They are all set up right for moves lower but serious lack of volatility this am...Shame!!!

This happens some mornings...7 out of 10 times we would be up over 100 pips by now. Huff!!!

 

[rossobonks]

10310 for crude....im with Finspreads.

Dave

 

[danarm]

More interested in looking at my happy buddha than these charts...

Need price action but its not there.

D

 

[spreadbetit]

10638 with IG. Reckon i'm looking at the same chart as spreadbetit, 10625 looks to be the trapdoor.

Yeah IG, don't you just love them ... mind i have had worse!

 

[danarm]

10310 for crude....im with Finspreads.

Dave

Yes thats BRENT CRUDE...

Argh its teasing us this am.

 

[Stuart14]

US Daily Light Crude is what I am trading with IG.

 

[Stuart14]

EUR/USD gone

 

[danarm]

Here we go

 

[danarm]

Need EUR to break figure and CRUDE to break 4hr 20ma. Gold still looks heavy...

 

[danarm]

Didnt take CABLE... What a plum... I knew that would go.

 

[danarm]

Ok out of EUR, CRUDE and GOLD

 

[JTrader]

EUR needs to break 4572. Next S level 4492 on H1.

 

[danarm]

Well that was painful and boring to begin with, but the end result was good

42 pips on EURUSD
60 pips on CRUDE
35 pips on GOLD

Not a bad morning i guess..Going for breakfast now.

Will answer any questions later.

Hope charts help why i took trades.

D

 

[rossobonks]

Dan

Did you trade crude, euro and gold all at the same time? I only ask this because if the trade did go against you it would have magnified your losses. Without doubt looking at the charts all 3 where ready to drop.

Keep up the good work Im learning and really enjoying this at the moment. Hope fully we can get live chat room going again.

I took just 28 from gold. Happy days.

EDIT: Youve answered the question before I posted...


Dave

 

[Stuart14]

I'm still riding Crude and Euro!!

 

[danarm]

I'm still riding Crude and Euro!!

Hi Stuart

You should be ok down to the Daily 20ma. I've got other things on my mind, so got in, grabbed what i could and got out again... A pip thief!!!

I will wish it down for u.

D

 

[danarm]

Dan

Did you trade crude, euro and gold all at the same time? I only ask this because if the trade did go against you it would have magnified your losses. Without doubt looking at the charts all 3 where ready to drop.

Keep up the good work Im learning and really enjoying this at the moment. Hope fully we can get live chat room going again.

I took just 28 from gold. Happy days.

EDIT: Youve answered the question before I posted...


Dave

Well done on GOLD... Yes i did take all 3...Should have taken all 4 as re my morning analysis but decided against it.

28 pts is a good start to the day. Well done. It will come.

Yes a few others r talking about a chat group..Could be easier than blogging.